Russian tech giant Yandex reportedly looking to break free from its home country
, though, the West's sanctions against its home country after the invasion of Ukraine has made it impossible to continue developing and improving its projects. That's why Yandex's parent firm, which is registered in Amsterdam, is reportedly looking to sell and sever ties with Russia.
Apparently, Yandex is planning to sell the emerging technologies it's working on to markets outside the country, since they require Western technologies and experts to reach their full potential. It's also looking to sell its established businesses, such as its internet browser, its food delivery and its ride-hailing apps. Yandex is planning to continue offering those products under its Russian subsidiary, which likely means it has to find buyers within the country.
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